Practice Quiz

Paralegal Exam Prep

Category - Legal Envrmt

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The Clayton Antitrust Act amended the Sherman Antitrust Act by adding which of the following to the list of impermissible activities:
  1. Exclusive dealing agreements
  2. Price discrimination, whether or not it creates a monopoly
  3. Mergers
  4. Acquisitions
  5. None of the above
Explanation
Answer: A. The Clayton Antitrust Act amended the Sherman Antitrust Act by adding exclusive dealing agreements to the list of impermissible activities. The Clayton Antitrust Act was enacted in 1914. Price discrimination that would create a monopoly and mergers and acquisitions that would substantially reduce market competition were also added to the list of impermissible activities.
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